Fisker replaces CEO for second time this year

DETROIT Aug 14 (Reuters) - Fisker Automotive named the
former head of General Motors Co's Chevrolet Volt program
as chief executive on Tuesday, marking the second time the
green car start-up has replaced its top executive this year.

Tony Posawatz, who oversaw the development of the Chevy Volt
plug-in hybrid for six years before he left GM this summer, will
replace outgoing CEO Tom LaSorda.

During a conference call with reporters to announce the
move, LaSorda said he will be on hand to provide "fatherly
advice" but will not have a formal role in the company.

LaSorda was named as CEO of Fisker in February to replace
Henrik Fisker, a one-time Aston Martin designer, who founded the
automaker carrying his name in 2007.